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Cristin-resultat-ID:
1733101
Sist endret:
17. august 2020, 14:49
NVI-rapporteringsår:
2019
Resultat
Vitenskapelig artikkel
2019
Immigration and the Dutch disease A counterfactual analysis of the Norwegian resource boom 2004-2013
Ådne Cappelen
og
Torbjørn Eika
Tidsskrift
Tidsskrift
Open Economies Review
ISSN 0923-7992
e-ISSN 1573-708X
NVI-nivå 1
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Om resultatet
Om resultatet
Vitenskapelig artikkel
Publiseringsår: 2019
Sider: 1 - 22
Lenker
Lenker
original online (doi)
https://doi.org/10.1007/s11079-019-09543-9
Importkilder
Importkilder
Scopus-ID: 2-s2.0-85071023049
Beskrivelse
Beskrivelse
Engelsk
Tittel
Immigration and the Dutch disease A counterfactual analysis of the Norwegian resource boom 2004-2013
Sammendrag
We study how labour migration modified the Dutch disease effects during the Norwegian resource boom 2004–2013. In these years the resource movement effect of the petroleum industry was larger than the spending effect. This was mainly due to the introduction of a fiscal policy rule in 2001 that limited spending. The EU-enlargement in 2004 increased labour migration and affected also the Norwegian labour market. We find that economic growth in Norway was roughly doubled from 2004 to 2013 because of the resource boom while total population increased by 2% because of higher immigration. Moreover, both the resource movement and spending effects on Mainland GDP were roughly unaffected by immigration while employment increased, real wages fell and so did productivity. The negative effects of the boom on industries producing tradables were counteracted by endogenous terms of trade effects, immigration and demand effects of the boom.
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Bidragsytere
Bidragsytere
Ådne Cappelen
Forfatter
ved Forskningsavdelingen, Makroøkonomi ved Statistisk sentralbyrå
Torbjørn Eika
Forfatter
ved Forskningsavdelingen ved Statistisk sentralbyrå
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